28 February 2023
Smiths News plc
("Smiths News" or "the Company")
Appointment of Non-Executive Director
Smiths News is pleased to announce that Deborah Rabey will join the Board as an Independent Non-Executive Director with effect from 1 March 2023.
Deborah possesses a wealth of experience across supply chains, global sourcing, change management and general marketing, particularly within the retail sector, having spent 23 years with Tesco PLC (to October 2022), of which 14 years were at director level positions, most recently as UK Category Director, General Merchandise . She is currently Interim Chief Customer Officer at Wilko, the mixed-goods retailer, having joined earlier this month.
David Blackwood, Chairman of Smiths News , commented :
" I am delighted to welcome Deborah t o the Smiths News Board. Her expertise and insights within the retail sector and, more generally, as a commercial director will further enhance the skills and experience of the Board at a time when the Company is seeking to further develop its ancillary revenue opportunities . "
Deborah Rabey said:
" I'm very excited to be joining Smiths News at this time. I believe the foundations of the business and its prospects are strong and I look forward to helping the Board deliver its goal of meeting the interests of all stakeholders and continuing to deliver shareholder value. "
The Company confirms that there is no further information about Deborah Rabey requiring disclosure under paragraph 9.6.13 R (2) to (6) of the Listing Rules of the Financial Conduct Authority.
Enquiries:
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Smiths News PLC Jonathan Bunting, Chief Executive Officer Paul Baker, Chief Financial Officer |
Via Buchanan |
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Buchanan Richard Oldworth / Jamie Hooper / Toto Berger smithsnews @buchanan.uk.com |
020 7466 5000 |
About Smiths News PLC
Smiths News PLC and its core business, Smiths News, is the UK's largest newspaper and magazine wholesaler, with an approximate 55 per cent. market share. It distributes newspapers and magazines on behalf of the major national and regional publishers, delivering to approximately 24,000 customers across England and Wales on a daily basis. The speed of turnaround and the density of Smiths News' coverage is critical to one of the world's fastest physical supply chains.
Ancillary businesses include: Dawson Media Direct (DMD) which supplies airlines and travel points in the UK; and Instore, which offers field marketing services to retailers and suppliers across the UK.
Person responsible for arranging release of this announcement:
Stuart Marriner, General Counsel & Company Secretary
Smiths News plc
Rowan House
Cherry Orchard North
Kembrey Park
Swindon
SN2 8UH
email: cosec@smithsnews.co.uk